$460,000
SOLD MAR 20, 2019
-- Bed
-- Bath
1,450 Sq Ft
8,538 Sq Ft Lot

Recently Sold

$317 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 5-minute walk to Paiute Park
  • Tavan Elementary School Rated A
  • Heating Available

About This Home

As of November 2019

4 unit multi dwelling. 3 two bedrooms/one bath and 1 one bedroom/one bath. New roof 2016, interior plumbing updated.

Last Agent to Sell the Property

Laura Couty

HomeSmart Brokerage Email: Lcoutysells@gmail.com License #SA506787000 Listed on: 02/28/2019

HomeSmart

Last Buyer's Agent

Roger Phillips

Keller Williams Realty Phoenix License #SA651186000

Keller Williams Realty Phoenix

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $995

Year Built

  • Built in 1958

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 28
  • Assessor Parcel Number 130-47-072

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 8524
  • Holiday Park 2 Subdivision

Building Details

  • Operating Expense $5,715
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$995

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Thomas and 68th Street
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2018
  • Attribution Contact: Lcoutysells@gmail.com
  • Road Surface Type: Asphalt
  • Subdivision Name: HOLIDAY PARK 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Street Parking, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2533.0

Schools

  • Junior High Dist: Scottsdale Unified District

Lot Info

  • Lot Size: 8524
  • Additional Parcels: No
  • Parcel #: 130-47-072

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 26400.0
  • Insurance Expense: 600.0
  • Maintenance Expense: 1587.0
  • Annual Operating Expense: 5715.0

Tax Info

  • Tax Annual Amount: 995.0
  • Tax Book Number: 130.00
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Nov 13, 2019
Sold by
Jacobson Marcus
Bought by
Geiger Properties Ii Llc
Seller's Agent
Roger Phillips
Keller Williams Realty Phoenix
Buyer's Agent
Roger Phillips
Keller Williams Realty Phoenix
List Price
$788,000
Sold Price
$775,000
Premium/Discount to List
-$13,000
-1.65%
Current Estimated Value
$1,039,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,658
Avg. Annual Appreciation
6.87%

Purchase Details

Listed on
Feb 28, 2019
Closed on
Feb 28, 2019
Sold by
Defusco Mark
Bought by
Mgj Homes Llc
Seller's Agent
Laura Couty
HomeSmart
Buyer's Agent
Roger Phillips
Keller Williams Realty Phoenix
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
123.12%
Original Mortgage
$360,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2012
Sold by
Defusco Mark
Bought by
Defusco Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,350
Interest Rate
3.28%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2008
Sold by
Gmac Mortgage Llc
Bought by
Defusco Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2008
Sold by
Defusco Jamie
Bought by
Defusco Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2007
Sold by
Nickerson Adam and Mortgage Electronic Registrati
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corp

Purchase Details

Closed on
Feb 25, 2004
Sold by
Gordic Ljubivoje D and Gordic Snedzna
Bought by
Nickerson Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2001
Sold by
Aldawood Eden S and Aldawood Sherri L
Bought by
Gordic Ljubivoje D and Gordic Snezana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 1997
Sold by
Bassignan Gary A and Bassignan Ruth A
Bought by
Aldawood Eden S and Aldawood Sherri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 1997
Sold by
Keane William T
Bought by
Bassignan Gary A and Bassignan Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
7.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $772,000 First American Title Ins Co
Warranty Deed $460,000 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Special Warranty Deed $254,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Trustee Deed $293,267 Security Title Agency
Warranty Deed $263,000 Capital Title Agency Inc
Deed $175,000 First American Title
Warranty Deed $130,000 Lawyers Title Of Arizona Inc
Warranty Deed $119,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,000 Purchase Money Mortgage
Previous Owner $182,350 Commercial
Previous Owner $190,500 Commercial
Previous Owner $210,400 Commercial
Previous Owner $140,000 Commercial
Previous Owner $117,000 Commercial
Previous Owner $89,250 Commercial
Closed $17,850 No Value Available
Closed $17,500 No Value Available
Closed $26,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2019 11/11/19 Sold $775,000 -1.6% $534 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $788,000 +71.3% $543 / Sq Ft
03/20/2019 03/20/19 Sold $460,000 -3.2% $317 / Sq Ft
03/01/2019 03/01/19 Price Changed $475,000 0.0% $328 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $475,000 -- $328 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,075 $15,483 -- --
2024 $1,066 $14,746 -- --
2023 $1,066 $61,450 $12,290 $49,160
2022 $1,006 $42,020 $8,400 $33,620
2021 $1,070 $34,110 $6,820 $27,290
2020 $1,061 $28,680 $5,730 $22,950
2019 $1,032 $24,170 $4,830 $19,340
2018 $995 $21,930 $4,380 $17,550
2017 $956 $19,870 $3,970 $15,900
2016 $934 $17,110 $3,420 $13,690
2015 $893 $16,170 $3,230 $12,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5889116

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-072